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Stanford genetics professor pays $29M after misleading investors in biotech company - Vimarsana News

Stanford genetics professor pays $29M after misleading investors in biotech company

A Stanford University genetics professor has been ordered to pay nearly $30 million in restitution after a judge determined that he misled investors in a now-dissolved biotechnology company he founded, but he is appealing the judgment.

Stanford genetics professor pays $29M after misleading investors in biotech company - Vimarsana News

Stanford genetics professor pays $29M after misleading investors in biotech company

A Stanford University genetics professor has been ordered to pay nearly $30 million in restitution after a judge determined that he misled investors in a now-dissolved biotechnology company he founded, but he is appealing the judgment.